The Huron County Community Foundation

Analysis

The Huron County Community Foundation is a registered charity in United States, based in Bad Axe, MI. It received its IRS tax-exemption ruling in July 1994, 32 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Huron County Community Foundation reported income of $753k and spending of $605k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $488k to $753k (+54%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 60%. Over the whole period it spent 73% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Huron County Community Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within MI. Charities of a similar size with the same main cause include Oklahoma City Community College Foundation ($753k), United Way of McLean County ($754k) and United Way of Southern WV Inc ($753k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% of the total. Other salaries and wages came to $78k. At year end it held assets of $7.6m against liabilities of $1.4m, net assets of $6.2m. It reported 1 employees.